$KAS keeping itself inside the wedge despite market downtrendAs long the price continue its trend and the floor of the wedge keeps serving as support, price can break up to 0.56 usd delivering 260% from today price
Why not a downward break? Because fundamental analysis signal us of a uptrend throughout crypto market
Kas
Kaspa (KAS) Long-Term Spot Trade SetupMarket Correction Impact:
Kaspa has retraced 40% following the market correction this weekend, breaking back into its range.
Historical Significance:
Historically, such retracements with KAS have marked local bottoms on the chart.
Price Action to Watch:
If the price pulls back this week to fill 50% of the wick left behind on yesterday's daily candle and retests the mid-range support area along with the 200-day EMA, this will offer a great zone to DCA (Dollar Cost Average) into a long-term trade on KAS.
Trade Strategy:
DCA Entry Zones:
Primary DCA Entry: $0.14
Secondary DCA Entry: $0.10 (in case BTC pulls back further)
Summary:
Keep an eye on Kaspa's price action, especially around the mid-range support area and the 200-day EMA. Prepare to DCA into long-term positions at $0.14 and $0.10 to capitalize on potential market recoveries.
#Kaspa #KAS #Crypto #MarketAnalysis #TechnicalAnalysis #Cryptocurrency #Trading #SupportAndResistance #LongTermTrade #DCA #200DayEMA #MarketCorrection
KASPA / USDT 4H TIMEFRAME MEXC TECHNICAL ANALYSISFalling Wedge Pattern:
The chart shows a falling wedge pattern, which is a bullish signal. This pattern suggests that the price might soon reverse and move upward.
Oversold Conditions:
The RSI and Stochastic RSI indicators are in the oversold zone. This typically means that the asset is undervalued and could see a price increase soon.
Volume Spike:
There's a noticeable increase in trading volume as the price reaches the bottom of the wedge. This suggests strong buying interest and supports the idea of an upcoming upward move.
Potential Price Target:
If the price breaks out of the wedge, it could move toward the $0.22 to $0.24 range, as shown by the projected arrow on the chart.
Conclusion:
The chart suggests a potential bullish reversal. If the price breaks above the wedge, it could lead to a significant upward move. Keep an eye on the breakout level and consider managing risk by setting a stop-loss below the recent low.
This analysis highlights the key factors indicating a potential price increase for the KAS/USDT pair.
Trendline Trading Strategy - MAJOR Correction for $KAS THE TREND IS YOUR FRIEND,
until it isn’t.
This is literally the easiest trading strategy that even a monkey can figure out.
Find the major Trendline, and if it breaks, either
A) Sell Your Position
B) Open a Short
Case in point:
Seems like pretty much every coin has broken its trend, but I spent some time last night before bed seeing what was still holding up.
Spotted CRYPTOCAP:KAS
Putting it in context with the rest of the market nuking, I knew Kaspa was one of the last of the Mohicans so I opened my 3x Short.
Today I wake up, and see it broke trend on the 4hr which gives us data for the next 3-5 days / 6-8 trades per month.
P.S. YES that’s Bearish Divergence.
~JK
#Kas 1W chart; Is the MM manipulating?CRYPTOCAP:KAS 1W chart;
It has managed to surpass the Ath level high it reached in February 2024 4 times but failed to close above it.
With its performance since the beginning of this week, it has managed to reach an all-time high.
However, it is obvious that MM is manipulating here.
Even if it closes above this level, the negativity on the RSI side shows us that a decline may be coming.
Therefore, a decline of about 25% would not be a surprise. ⏳
KASPA gearing up for new ATH?KASPA is one of the outperforming altcoins that we've seen in the past weeks
If we look on the top crypto performance rankings, KASPA's price is going absolutely banana
Notice how healthy the trend is, it's consistently creating a bullish bases hitting ATHs
If price can stay above .20, it could easily spike up to .24 area before we see a substantial pullback down into demand zone .14 area
KAS: Approaching ResistanceTrade setup : Remain in an Uptrend. It pulled back briefly but made a Higher Low (sign of Uptrend) and broke back above $0.15 key level. Momentum has inflected bullish (MACD Histogram bars are rising). Price is now approaching our near-term target $0.194 for a +25% gain. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.20 to signal continuation of uptrend, or 2) pull back near $0.15 support for another swing trade entry in Uptrend with +25% upside potential back to $0.194.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.194, then $0.24.
Technical Analysis of KAS/USDT (4-Hour Chart) #kaspa $kas #usdtTechnical Analysis of KAS/USDT (4-Hour Chart) by Blaž Fabjan
The chart displays a falling wedge pattern, which is typically a bullish formation, indicating a high probability of an upward breakout.
Indicators:
VMC Cipher B Divergences: This indicator shows bullish divergences at multiple points, supporting the possibility of an upward breakout.
RSI (14): Currently at 39.82, indicating the market is somewhat oversold and we may expect price growth.
Stochastic Oscillator (14, 1, 3): Values are 34.88 and 36.88, indicating an oversold condition, often a buy signal.
Recommended Entry Points for Trading:
Intra-Day Trading:
Entry: $0.145 (at the current price or upon a slight dip)
Target Price: $0.155 (first resistance level)
Stop Loss: $0.140 (to protect against significant losses)
Swing Trading:
Entry: $0.145 (at the current price or upon a slight dip)
Target Price: $0.165 - $0.170 (potential breakout from the falling wedge)
Stop Loss: $0.135 (to protect against significant losses)
Recommended Exit Points for Trading:
Intra-Day Trading:
Exit Price: $0.155
Alternative Exit Price: $0.150 (if the market shows signs of weakness)
Swing Trading:
First Target Price: $0.165
Second Target Price: $0.170
Exit Price on Reversal: $0.135 (to protect against significant losses)
Summary:
Based on the technical analysis and applied indicators, the current trend for KAS/USDT is positive, with potential for an upward breakout from the falling wedge. Recommended entry points are at the current price of $0.145 with target prices of $0.155 for intra-day trading and $0.165 - $0.170 for swing trading. Closely monitor the market and use stop loss to protect against unexpected downturns.
KAS: Pullback in UptrendTrade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on pullbacks near $0.15 support area for another swing trade entry with +25% upside potential back to $0.19. Stop Loss (SL) at $0.138. If price breaks above it's ATH of $0.194, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.207 (61.80%), $0.223 (78.60%), $0.243 (100%) and $0.30 (161.80%).
Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.15, then $0.13. Nearest Resistance Zone is $0.194, then $0.24.
$KAS ready for big move
> Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern:
1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look for a series of lower highs and lower lows forming parallel trendlines sloping downwards. This pattern suggests a bearish trend where sellers are in control. Confirm the pattern by ensuring that the price touches both the upper and lower trendlines multiple times.`
2. **Entry and Exit Points:** `When trading a descending channel pattern, consider selling (shorting) near the upper trendline of the channel when the price reaches this level. This is where resistance is likely to be strong, presenting an opportunity to enter a trade with lower risk. Set a stop-loss order above the upper trendline to manage risk in case the price breaks out of the channel. Aim to exit the trade near the lower trendline of the channel, where buying pressure may increase, providing a potential opportunity to take profits.`
3. **Risk Management and Confirmation:**` Implement proper risk management techniques to protect your capital. This includes setting stop-loss orders to limit potential losses if the trade goes against you. Additionally, look for confirmation signals such as bearish candlestick patterns, negative momentum divergence, or other technical indicators aligning with the descending channel pattern to increase the probability of a successful trade. `
Remember, trading patterns carry inherent risks, and it's essential to practice proper risk management and conduct thorough analysis before making trading decisions. Additionally, consider using a combination of technical indicators and fundamental analysis to enhance your trading strategy and increase the probability of success.
KAS Long Trade SetupKAS has recently broken through the daily descending resistance line established in March, indicating potential for further upside. Currently, it's near a support area, presenting a favorable setup for a long trade.
Trade Details:
Entry Zone: Ladder into a long spot trade between $0.125 and $0.13.
Take Profit Targets:
First Target: $0.1480 - $0.1550
Second Target: $0.176 - $0.1850
Stop Loss: Just below $0.12
Trade Rationale:
Resistance Breakout: Breaking through the long-standing resistance line suggests bullish momentum.
Support Area: Current support zone between $0.125 and $0.13 offers a low-risk entry point.
Conclusion:
This setup takes advantage of the recent breakout and proximity to support, allowing for a strategic long position with defined profit targets and risk management through a stop loss just below $0.12.
KASPA Repeating it again?Kaspa coin is performing again the same pattern it played some weeks ago. If this pattern is goin to repeat again, we could see a pump that could lead the price around $0.24 (i have multiple confluence about this target) in the next months. In order to see the pump, the support level at $0.10/$0.09 must hold
#Kaspa Big Rise and Possible Drop: A Look at KAS/USDT#Kaspa Big Rise and Possible Drop: A Look at KAS/USDT
- Current Price: $0.1177
- Previous Analysis Outcome: 90% profit
- Chart Insight: Since September 2022, Kaspa has demonstrated a significant rally, starting from $0.0013 and peaking at $0.189744 by February 2024, marking an impressive 142x increase over 16 months.
- Current Observations:
Bearish Signals: The 3-day chart shows a breakdown and retest of the bear zone for CRYPTOCAP:KAS indicating a potential major dump ahead.
- Key Levels to Watch:
Resistance: The green line at $0.143. Remaining below this level may strengthen the bearish trend.
Support: The $0.1 level is crucial. A dip below this could potentially drive prices down to $0.036 and $0.013.
- Chart Invalidation:
An upward breach above $0.189 could invalidate the bearish outlook and signal a continuation of the uptrend.
- Trading Strategy:
Traders should monitor the $0.143 resistance closely. A sustained position below this level could be a cue for a bearish stance.
Keep an eye on the $0.1 support. Breaching this level might open up lower targets.
Stay cautious and trade wisely!
If you Agree and like My Analysis please RT/Like & Drop your view in Comments.
🔄💱 KAS Trade Plan! 💱🔄📊 Analysis:
Support Reaction: KAS has demonstrated a positive response at the $0.12500 support level, accompanied by a structural change on lower timeframes.
Entry Range: Consider entering the trade between $0.12 to $0.13, aligning with the current support or look for lower support around $0.10.
Profit Targets: Target profits at $0.155 or $0.25, representing potential resistance levels.
Risk Management: Implement effective risk management strategies to protect against potential losses.
📈 Trading Strategy:
Entry: Initiate a long position within the specified entry range based on support levels.
Targets: Take profits at the identified resistance levels of $0.155 or $0.25.
Risk Control: Employ appropriate risk mitigation measures, such as stop-loss orders, to manage downside risk effectively.
🚨 Note: Stay vigilant and adapt your approach as market conditions evolve! 📊🔍 #KAS #TradingPlan #CryptoAnalysis 🌟📈
🔄 KAS Analysis Update 📈🔍📊 Key Insights:
Consolidation Phase: KAS has been consolidating above $0.12, indicating a potential bottom formation.
Higher Low Formation: Setting a higher low at $0.127 suggests a positive trend continuation.
Trend Continuation: Expectations of a trend continuation to all-time highs (ATHs) if price gains acceptance above $0.16.
Position Building Strategy: Watch for indications of a trend shift and build positions on higher lows.
📈 Trade Plan:
Entry: Initiate trades between $0.13 to $0.14500, focusing on higher lows.
Take Profit: Target take-profit levels around $0.25 or $0.35, aiming for potential upside.
Stop Loss: Set stop loss if price loses support at $0.12, managing downside risk.
📈🔍 Outlook: With a strategic entry approach and potential for trend continuation, KAS presents an opportunity for traders to capitalize on the anticipated price movement. 🚀📊 #KAS #TradeOpportunity
KASPA is going so much higher imoNotes on chart, but I've been watching this beast for months now and it has shown massive relative strength time and time again.
Absolutely going higher in my opinion, bullish high time frame price structure. Maintaining HL's and still within its local range.
I do like to note the previous range as well as I think it has some influence still.
Reclaim above yellow though and it is game on friends.
KAS should be a top performer this run.
Vatsik
KAS-USDT + MAV-USDT resultsHello! It's me again. I'm back with some thoughts on KAS-USDT. I previously wrote about MAV-USDT and the results are below:
The blue line was the entry point and it had went up around 15% since my original posting about this cryptocurrency, still up about 10% from the original entry. Unfortunately I had misjudged the volatility of MAV and the 50% target wasn't reached, however a profit of 50% would have been reached with if traded with leverage, and it wouldn't have been liquidated had you sold at a 50% profit (although soon after the recent peak it looked like a liquidity trap had occurred).
Looking at KAS-USDT now and see some potential for a short term profit. I would say that a bullish trend has occurred based on my own personal technical indicators I had coded to spot trends. Adjusting my holding time and volatility for this new halving date and bullish season (I keep forgetting its not 2020 anymore and volatility isn't as strong, it'll continue to decrease as time moves on), here are my thoughts below:
SYMBOL: KAS-USDT
POINT OF SALE: $0.20
MAX LEVERAGE: 17x
TIME: 1-2 Weeks
Generally when I post speculation of a cryptocurrency I aim to write about soon before a large uptrend occurs or when it is moving directionally towards the sell point with minimal distress on the trend. Good luck to all of you who are looking to or have invested in KAS, we'll see how we'll it performs these next few weeks.
KAS/USDT on a Promising Journey to Start a Bull Run? 👀🚀 💎Paradisers, your attention is needed as #KASUSDT reaches the edge of a potentially bullish shift, aiming for a reversal from a crucial support zone.
💎Our analysis of #Kaspa indicates a clear adherence to a descending channel, with current momentum hinting at a promising chance for a bullish reversal from the $0.135 key support zone. Maintaining this level could signal the start of a noteworthy bullish trend.
💎Ready to capitalize on what's ahead? Here's our plan: If CRYPTOCAP:KAS falls beneath the $0.135 support, we're gearing up for a rebound from the next support tier at $0.115. A breach below this additional mark would call for a reassessment of our bullish stance.
KAS || kaspa big drop 🩸 is coming Pls 🙏 do your own research 🔎
Just casual view 🙂 on CRYPTO:KASUSD
🗝️ There was bearish 📍 & 📍 bullish wolf theory 📍 hidden in present developed chart 📉📈
I am expecting bearish reversal from resistance $0.085 - $0.14 range 📍
Present we can't confirm drop 🩸 based on top 🔝 we can confirm 👌 but my assumption
Bearish wolf wave green 💚 box 📍 60% above drop 🩸 expecting
Successfully we entered phase 1 📌 bull run 🐂
I explained details clearing how bull goes in 4phases
My view on KASPA gainers list coin 📌
What ur thoughts 💭 let me know 🥰
⚖️ KAS Consolidation Play! 📈💎📊 Analysis:
Consolidation at Support: KAS is consolidating at support, hinting at potential upward movement.
Retracement: Recent retracement in the past two weeks suggests a possible setup for another upward leg.
Ladder into Spot Long: Consider laddering into a spot long trade in the current $0.0144 - $0.0155 support area.
Take Profit Strategy: Plan to sell 25% at the next resistance area from $0.183 - $0.19 and let the remainder run.
Stop Loss: Set a stop loss just below $0.14 for risk management.
🌐 Note: Keep an eye on broader market trends and any upcoming events that may impact KAS.